The Expense Accountant Lead will serve as the point of contact for stakeholders, both internal and external, and collaborate with other coordinators within scope of expertise.
The lead will oversee compliance with company policies, procedures, and regulatory requirements and support audits. Contribute to process improvements, optimize accounting systems, and collaborate with geographical cross-functional teams. This includes the oversight of the knowledge transfer from Regional teams to the local team.
They will oversee the entire process from initiation to completion, including high-level quality assurance, organization, coordination, planning, and ensuring deadlines are met.
Leadership & Oversight
Mentor accounting staff, fostering technical excellence and industry-specific knowledge. And, provide solutions, stay updated through training and professional networks, share knowledge, enhance team expertise, document processes, and drive improvements.
Partner with purchasers, GCCB and regionals finance teams to ensure alignment between accounting and business operations.
Make decisions at the appropriate level or escalate to managers when necessary, and keep managers informed.
Key Skills & Attributes
Deep understanding of accounting principles and regulatory frameworks.
Strong analytical and reconciliation skills, especially for multi-entity and cross-border transactions.
Experience with accounting systems and ERP platforms.
Ability to communicate complex financial concepts to non-accounting stakeholders.
Standard of Service Delivery
Support and work closely with other global and central accounting teams and actively participate in communities, working in an open and collaborative manner with all accounting professionals and other stakeholders.
Build strong expertise and working relationships with internal and external stakeholders to ensure the quality of services delivered.
Ensure compliance with company policies, procedures, and regulatory requirements.
Assist in quarter-end and year-end closing activities, including accruals and reconciliations.
Contribute to process improvement initiatives aimed at optimizing efficiency and effectiveness within the accounts payable function.
Generate reports and provide analysis as needed to support management decision-making and financial reporting requirements.
Accounts payable
Ensure the process of invoice management, external and internal, is consistent and efficient from reception to payment (incl. check address, VAT and IBAN)
Check and process electronic invoices from supplier invoices via Ariba-SAP MM/SAP Cockpit (ReadSoft), with integrated digital approval workflow, including support for internal users
Ensure adherence to established procedures for vendor setup.
Manage payment proposals and provide input for liquidity planning
Ensure timely and accurate reconcilaion of intercompany transactions in alignment with the closing calendar.
Justify and clear P2P and bank suspense items
Answer Vendor & requestors reminders
Review analyses/commentaries for balance sheet and P&L accounts
Ensure open items of all accounts are justified
Follow the closing operations (Accruals, Deferred charges, etc.)
Accounts Receivable
Ensure accurate, efficient, and timely management of the customer invoicing process.
Ensure the “Mirroring” of Intra-Group customers invoices with direct bookings of intercompany invoices in Accounts Receivable and Accounts Payable, using correct VAT codes and reclassification to avoid any intercompany discrepancies.
Control internal and external automatic recharges (PAPM) with the various actors (Group Cost Controlling & Budget, Tax department and SAP Support).
Take all necessary actions to promptly clear accounts receivable and cash suspense accounts for incoming payments on a daily basis.
Act as an interface between the Group's foreign entities and the reporting department concerning the re-invoicing of intragroup recharges (follow up complaints, respond to requests for information).
Carry out a quarterly review of unpaid invoices and send the necessary reminders.
Ensure Allowances for Doubtful Accounts are properly assessed.
Ensure justification of accounts; and outstandings are followed quarterly and customer “aged balance” are justified.
Accounting Fixed Assets
Manage creation of assets and amortization periods
Ensure depreciation is properly accounted for
Monitor inventories (assets output)
Documentation for internal and external auditors
Provide external auditors with necessary information regarding all accounts and business transactions.
At least 5 year's experience with accounting principles and methodologies
Ability to manage deadlines and prioritize effectively.
Proven ability to manage and prioritize a demanding workload and multiple tasks in a fast-paced deadline-driven environment, while maintaining flexibility and assertiveness when needed.
Demonstrate experience collaborating in a multicultural environment with teams across diverse geographic locations
Proactive communicator with strong oral and written skills, complemented by effective influencing, negotiation, and motivational capabilities.
Advanced Excel Skills: Strong capabilities in Microsoft Excel, including the use of complex formulas, pivot tables, etc.,
Follows through on commitments and can be counted on to act with integrity.
Bachelor's degree in finance, economics or accounting
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.
As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.
SCOR, one of the world's largest reinsurers, provides its clients with a diversified and innovative range of solutions to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health as well as in P&C.
The reinsurance industry is about combining technical expertise and experience with the developments of science. However many tools we use to conduct our activities (models, databases, pricing tools, reserving tools, and so on), we also need expert judgments and human experience to correctly underwrite. This is what we call the art of underwriting. Reinsurance is a knowledge industry. Expertise is an accumulation variable.
The most advanced tool will never replace the intuition of a seasoned underwriter facing a complex risk. Because at the end of the day, you have to make a decision, to sign, to underwrite. And what we have underwritten, we cannot overwrite - our word is our bond, as is our signature. This dimension of our business, linked to the art of underwriting, is more important than some observers would have people believe.
One way to acquire this art is to share experiences – both good and bad – and to share doubts and questions. Artists always belong to a school, from which they learn their craft.
Like artists, we have to learn, imitate, mimic, and then innovate, in order to find our own style and create our own distinctive work.
